Constructive Termination Without Cause definition

Constructive Termination Without Cause means the termination of the Executive’s employment at his initiative after, without the Executive’s prior written consent, one or more of the following events:
Constructive Termination Without Cause means a termination of Executive's employment initiated by Executive not later than 12 months following the occurrence (not including any time during which an arbitration proceeding referenced below is pending), without Executive's prior written consent, of one or more of the following events (or the latest to occur in a series of events), and effected after giving the Company not less than 10 working days' written notice of the specific act or acts relied upon and right to cure:
Constructive Termination Without Cause shall have the meaning set forth in Section 10(c) below.

Examples of Constructive Termination Without Cause in a sentence

  • In the event of a Termination Without Cause or a Constructive Termination Without Cause, in each case within the two-year period following a Change in Control, any Participant Purchased Shares or Participant Purchased RSUs shall be vested and no longer subject to any transfer or sale restrictions.

  • Under the Employment Agreement, Donald can declare a "Constructive Termination Without Cause" by the Company of his employment as a result of, inter alia, "unreasonable interference, in the good-faith judgment of ...

  • Notwithstanding any implication to the contrary, Executive shall not have the right to terminate his employment with the Company during the Term of Employment except in the event of a Constructive Termination Without Cause, Approved Early Retirement, or Normal Retirement, and any voluntary termination of employment during the Term of Employment in violation of this Agreement shall be considered a material breach.

  • Termination for an "Approved Reason" shall include, without limitation, a Termination Without Cause or Constructive Termination Without Cause under Section 11 (d) of the Employment Agreement between the Participant and the Company dated as of October 27, 1993 (the "Employment Agreement") or a Termination of Employment Following a Change in Control under Section 11 (e) of the Employment Agreement.

  • In the event of a termination of employment by the Executive on his own initiative, other than a termination due to death or a Constructive Termination Without Cause, the Executive shall have the same entitlements as provided in Section 10(b)(iii) above for a termination for Cause.


More Definitions of Constructive Termination Without Cause

Constructive Termination Without Cause means a termination of the Executive's employment at his initiative as provided in this Section 10(c) following the occurrence, without the Executive's written consent, of one or more of the following events (except as a result of a prior termination):
Constructive Termination Without Cause means the termination of your employment at your initiative after, without your prior written consent, one or more of the following events:
Constructive Termination Without Cause shall also mean a termination of the Executive's employment at his initiative as provided in this Section 10(c) following the occurrence, without the Executive's written consent, of a relocation of his principal place of employment outside a 35-mile radius of his principal place of employment as in effect immediately prior to such Change in Control.
Constructive Termination Without Cause means a termination of Employee at Employee’s own initiative within one year following the occurrence, without Employee’s prior written consent, of one or more of the following events not on account of Cause (“Constructive Termination Events”):
Constructive Termination Without Cause means a termination of the Employee's employment at his initiative following the occurrence, without the Employee's prior written consent, of one or more of the following events:
Constructive Termination Without Cause means a termination by the Executive of his employment under this Agreement on 30 days’ written notice given by him to Panolam following the occurrence of any of the following events without the Executive’s express prior written consent, unless Panolam shall have fully cured all grounds for such termination within 20 days after the Executive gives notice thereof:
Constructive Termination Without Cause means the Participant’s termination of his or her employment following the occurrence, without the Participant’s written consent, of one or more of (A) an assignment of any duties to the Participant that is materially inconsistent with Participant’s position, (B) a material decrease in Participant’s annual base salary or target annual incentive award opportunity, or (C) a relocation of Participant’s principal place of employment more than thirty-five (35) miles from Executive’s place of employment before such relocation. In all cases, no Constructive Termination Without Cause shall be deemed to have occurred if any such event occurs as a result of a prior termination. In addition, no Constructive termination Without cause shall be deemed to have occurred unless the Participant provides written notice to the Corporation that any such event has occurred, which notice identifies the event and is provided within thirty (30) days of the initial occurrence of such event, a cure period of forty-five (45) days following the Corporation’s receipt of such notice expires and the Corporation has not cured such event within such cure period, and the Participant actually terminates his/her employment within thirty (30) days of the expiration of the cure period.